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Ganga and Jamuna are partners sharing profits in the ratio of 2:1. They admit Saraswati for 1/5th share...

Rohit Sharma February 27, 2023

These are the options for the Question : Ganga and Jamuna are partners sharing profits in the ratio of 2:1. They admit Sarasvati for 1/5th share in future profits. On the date of admission, Ganga’s capital was ₹ 1,02,000 and Jamun's capital was ₹ 73,000. Sarasvati brings ₹ 25,000 as her share of goodwill and she agrees to contribute proportionate capital of the new firm. How much capital will be brought by Sarasvati?

a) ₹ 43,750 b) ₹ 37,500 c) ₹ 50,000 d) ₹ 40,000

 

The correct answer is –  c) ₹ 50,000 1